Transcripts For SFGTV Treasure Island Development Authority

There were two really Awesome Community events that happened on the island last week. One was the annual National Night out the lead organizer being mark connors, but i will say that it really showcases strong a community really exist on Treasure Island is all the various entities including the tiger woods of course as was the villages and charities and partnerships and job court and everyone came together and the Police Officers as well, Fire Department and everybody really come together to support the Community Safety and Community Building Aspect National mike out represents. Then, we also on saturday at the annual backtoschool backpack get giveaway and that the lead organizer for that this year was Justice Christiana from the ymca who did an awesome job. That was supported also by Catholic Charities Treasure Island Home Development initiative, and we got the y got a donation for the backpacks and we got us donation for the School District for all the School Supplies and the of center was there to promote their programs for the youth on the island. Of course, the y after school and was there in the Treasure Island parent counsel was involved in both events which is residents from the island while playing a leadership role for families on the island. They participated both in National Night out and also organizing the backpack giveaway. Its everybody really working together i think to build a stronger Treasure Island community and also its of aspects whether the Community Safety, or education, and supporting youth and families on the island so just want to share that piece of good news with you. Thank you so much. Its really wonderful to hear about those activities particularly building the spirit in the community ill say your staff is real big part in leading that kind of relationships. Thank you. Are there any other comments from the public . Yes. Hearing none,yes i just want to thank everybody unfortunately i to work that night but ive heard great things about it. I guess on a sadderwhatever note this was mark connors last year doing it. Hes been doing it for years and years so i just wanted to put out a thank you to mark and thank you. And the community and staff thank you, cheryl, for your leadership on Treasure Island. We also want to congratulate and thank mark connor. Overly, some of you residents will step up and try to keep this going because this is very important in it shows the community at large. Treasure island in San Francisco that there is still stability on the island and this kind of activity helps join hands the quality of life of the residence. For us, also, we need to extend our gratitude and thanks to San Francisco. I know personally the superintendent does this kind of thing all over San Francisco. Hes making it a point to be supportive of organizations likeand so to extend the reach of the unified School District. Its very well noted so thank you for your leadership. Hearing no other comments, report by the Treasure Island director item number three, report by Treasure Island director thank you, shelley and mark mentioned those two big events that we had last week. We will be having a stewardship day on saturday, august 20 coming up as well. This is been helping in organizing is coming from the department of environment, peter rasco, whose presented to you before on abbott it management plan. There will be trying to attack some of the invasive plants along the beach area. It will be 101 pm and inviting the community to come out and be a part of it. Gloves, tools, water will be provided. The this last july 3031st was another successful Treasure Island fleet on the great lawn. At the end of this month, 27th28 will be the last Treasure Island flea on the west side of the island. Starting in september they will be relocating to a new location on the east side of the island. As we prepare to move forward without demolition. On august 16, the navy will be having an event on the island to name new vessel after four first San Francisco supervisor harvey milk. That will be the morning of tuesday, august 16. Also, the department of environment will be conducting a workshop next week with our landscapers, i landscape contact with a con, as well as dpw. The developer staff, on cities integrated Pest Management program and ordinance. To help bring all of this up to date on those programs and requirements. The tida staff and pic staff will be meeting later this week with sfmta eight to begin planning for impact on muni Treasure Island 2025. Locations. As we start moving into construction and how we will move those stops as we move through the construction. There was also a meeting held last week with San Francisco dem, fire and police. To brief them on the upcoming opening of the ramps, westbound ramps, and what those traffic changes will have on the island. This last month, we also submitted reports to the state department of Public Health. Complying with Drinking Water permit provisions. When we transferred the property from the navy to tida in may of 2015, California Department of Public Health asked for us on our new permit to conduct a number of surveys of the existing infrastructure and provide documentation of Standard Operating Procedures and other response plans. The grocery store. Work week continues on the relocation there. Those are sent out to residents that there been a begin this week to start relocating materials from the existing store location to the new location on avenue h. Next week from tuesday until sunday, the existing location will be closed. The market at the main entrance will remain open. And beginning on monday the 22nd, the new location the market will be open in its new location and should be fully operational by monday the 29th. In terms of construction, the demolition of structures on why vi is complete. Fences were going up this week around the star barracks. With additional area around the grocery store, and other facilities, to go up around september 1. The developer is also in the process of bidding the utility and roadway work along the corridor as well as a package to preserve and relocate some of the trees that are in the first subphase of construction. There are also moving forward to begin planning for the next subphase of work and is soliciting engineering subconsultants for that stage to work that will be along the southern waterfront including the areas around hangers to and hangers three. That we are next application that will come to us next year. Finally, the work is beginning this month to excavate a number of small areas along the western area of the residential neighborhood and these are very small excavations that will take half a dayone day each to complete. So they will excavate it, take their clearance sampling, backfill the sites and residents should see very little disturbance or interruption from that work. Theyre also doing work in the howard court area which is an area that has been not available for leasing since the navy first transfer the property to us but theyre in the process of beating those buildings in that area prior to the demolition and getting cleanup done in that area. So, that was the activities happening in my report this month. Thank you. Commissioners stephen any comments . Yes, some questions. Where are we with the rich grants opening. At . I knew it was slated to be in september and what are we doing. Its a big event so how is the planning and who is there . Whatwhat role do we need to play . The sf cta is taking the lead on the planning. It still tentatively scheduled for friday, september 23 and probably the confirming that around 1 september and sending out flyers and information to the general public. Yes because we want to make sure people are invited and are we actually make publicity. This is a major major grant yes. The sf cta has been coordinating with the Mayors Office on the planning and scheduling of that, as well as Monitoring Progress of the work to make sure everything will be in place for the ramp at that time the debit dedication of the naval vessel on tuesday for late harvey milk good what time is that . I believe that that 10 am. But i will make sure to give all of you the information on. That certainly is something to celebrate that the navy itself is naming a ship after a gay supervisor. Thats quite wonderful news. Okay. Other comments from the public . Im sorry. Just one question on the. He said the utility work on why vi will be did object to the puc have any of that or is it it out on every phase . All of the new infrastructure will be bid out by the developer for construction. All of the design is it is being reviewed with sf puc and to be providing some of the inspection services, but in terms of the Construction Contracting itll all be bid out in every phase . Yes the one element that can be constructed by the city is the Wastewater Treatment plant itself. That will likely that will be bid out as well but did out by the qc rather than the developer. Thats on why vi also . Thats on Treasure Island and that will be probably in construction around 2019 or that timeframe okay. Is there any Public Comment on the directors report . Next item please item number 40 medications from and received by tida. It was medications from the navy. Also several [inaudible] and newsletters Media Publications among others. Directors any questions on the communications . Any Public Comment . If not, next item item number five, ongoing business by board of directors. Betwixt directors . Directors any ongoing business . Yes, mark i just want to make another comment about the part which has been going wonderfully. Its not quite completed yet but i assume when it is fully done we will have some sort of celebratory event, but as is right now, its pretty great. Lots of people, lots of dogs and lots of neighbors getting to know one another. So its a great. I just want to thank the staff are all their work and certainly, the people at jon stewarts. Great thank you so, thanks and when will the official opening be . We are looking later this month to try and schedule something to we dont have a date set yet but we will as mark indicated, when work is comfy we will have a evening opening gettogether for residents and dogs. Yes, great, wonderful. I just did want to correct the event on tuesday is at 2 pm. Not 10 am. Sorry. Thank you. Lets see. Item number six, consent agenda. [reading ordinance] moved we have a motion seconds all those in favor say, aye [chorus of ayes] opposed . The ayes have it. Next item, please next item, please item number seven authorizing Treasure Island directors to submit resolutions of intent. [reading ordinance] thank you germans and members of the board. So, we are at that point where we completed our work with our consultants and prepared to move these formations forward. Just wanted to bring it up one more time to see if you have any questions and seek your approval to move forward with the formation process. Again, under the dda and financing plan, the developer treasure on Community Development to finance and construct. Public and private improvements on the island. The city is to provide Public Finance for the reimbursement of eligible island wide public improvements delivered by the developer. Including forming and infrastructure financing district or districts, and Community Facilities district or districts to reimburse qualified project cost. Some of these list here are some of the examples of what are considered island wide cost. The geotechnical Land Preparation of Sea Level Rise protection causeway improvements, utilities, water reservoirs, parks, open space, rightsofway, very facilities, police and fire facilities aand the related Design Engineering Construction Management permits and fees for these improvements. So, the resolutions of intent represents the first step in the formation process for either a cfd or ifd. Again, these are separate formations but were moving them forth in parallel to simplify the conversation around them and the process of them. On august 29 of this month, along with the office of Public Finance, we will be presenting on the resolutions of intent to the Capital Planning committee. Again, the Capital Planning committee is a city body makeup of the directors of the major capital departments as well as the penn comptroller, the president of the board of supervisors. And mayors budget staff they review all bond measures and financing measures before they go forward to the board of supervisors as well as oversee the cities year capital plan. Following approval of the resolutions of intent by the board of supervisors, there will be a public hearing held on on a formation and then a separate vote for each district of the qualified electors before the board of supervisors would officially take action to form the districts. The qualified electors for these formations are the Property Owners within the districts tida and Treasure Island Community Development. On the ira ft there are as we discussed previously, multiple models within state legislation now for financing the infrastructure financing district. The format we will be moving forward under his infrastructure and revitalization financing district and i are ft. Our reasons for doing that include ir ft has greater flexibility and provides preferable government and administrative requirements. The other models. Most important, our development will be taking place over a 20 year that give or take the ir ft allows for multiple project areas, each with their own unique time limits for the collection of tax increment. And permits post formation and annexation into the ir ft. So, our initial formation of the ir ft will cover the initial sub phases on why vi on Treasure Island and as we move forward with subsequent subways as we can continue to add to those districts. The ir ft, again, caps the property tax increment of the 1 property tax that will flow to the city and county. Under the financing plan roughly 57 of the total tax increment coming out of the cities share of just under 65 would be committed to the pop project financing and the ir ft in terms of facilities of communitywide significance is pretty strict. It does require useful life of 15 years or more. But, most importantly, compared with cfd, we can utilize these funds to finance Affordable Housing and 17. 5 of the total funds generated by the ir ft are committed to the development of Affordable Housing. Also, worth noting the ira ft cannot finance services. So, this is the areas over which we are forming the ir fts. Again, as i indicated the initial surveys area on your bubbling up island and Treasure Island and excludes all of the properties that will be owned by tida. So the Public Properties will not be taxed and so they would not be tax increment flowing from them into the district but it does cover all the Development Parcels in those first two districts and as you can see from the color coding on the map, we are proposing five separate project areas which would provide us with five separate tax increment clocks or windows of collection. Within the district so that each area as it is developed, we will start the collection of tax increment rather than having to start with the initial properties which are expected to be goes on Treasure Island while the properties onim sorry starting with the initial properties on the euro buena island or the properties on Treasure Island not yet improved and therefore are not generating substantial tax increment yet. The Community Facilities district is a supplemental tax that will be applied to the Properties Within the district. It again will fund eligible infrastructure expenses with the life of five years or more. It can finance services and maintenance activities and is expected to be our longterm sourc